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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Hoboken at 707 Bloomfield St #2, Hoboken, NJ, 07030 offers $4,115/mo rent that, after a $3,421/mo payment. Total monthly income is $4,115/mo. Return on cash invested measures 13.08% in year one, and rental yield stands at 7.06% at a $699,000 entry. Equity gained on principal adds $4,511/yr while 5% annual appreciation compounds into $193,121 by year five. Five-year ROI records 68.33% and total cumulative return in cash reaches $157,130. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $4,115/mo property income versus a $3,421/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in N/A
N/A lot
$N/A/sqft
$470 monthly HOA
Neighborhood data shown for ZIP Code: 07030, Hoboken, NJ area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 30,308 (100%) |
| Owner Occupied HU | 9,103 (30.0%) |
| Renter Occupied HU | 19,036 (62.8%) |
| Vacant Housing Units | 2,169 ( 7.2%) |
| Median Home Value | $909,971 |
| Average Home Value | $1,031,969 |
Residential
29,540
Single Family
2,996
Multi-Family
26,544
Businesses
2,139
Date | Event | Price |
|---|---|---|
| 2025-02-13 | Listed for sale | $699,000 |
| 2013-04-04 | Sold | $417,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-02-18 | $7971.72 | 8.41% | $451,400 | N/A |
| 2023-02-18 | $7353.31 | 1.81% | $451,400 | N/A |
| 2022-02-18 | $7222.40 | N/A | $451,400 | N/A |
Listed by: Jill Biggs • COLDWELL BANKER REALTY
Mls Name: HCMLS
Mls ID: #250002937
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
